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LDR Trucking Corp Files for Chapter 11 Bankruptcy on Long Island

Long Island Chapter 11 Business FilingWritten by Craig D. Robins, Esq.

LDR Trucking Corp. filed for Chapter 11 bankruptcy relief on August 12, 2009 in the Central Islip Bankruptcy Court under case number 8-09-76015. Judge Robert E. Grossman is the assigned bankruptcy judge.

The company, which is located in Bay Shore, is being represented by Queens bankruptcy attorney William S. Neal of Woodhaven. According to the Statement of Compensation filed pursuant to Rule 2016(b), no retainer was paid.

The company has elected to be treated as a small business Chapter 11 debtor. In its Chapter 11 affidavit, the debtor’s president, Adam L. Youngelman, stated that the company filed for Chapter 11 bankruptcy relief “due to a lack of business.” In addition, he states that “the company is working on obtaining additional loans and financing in order to line up some business which as developed.”

The Meeting of creditors will be held on September 18, 2009 at the United States Bankruptcy Court for the Eastern District of New York in Central Islip (Room 562 at 11:00 a.m.), and the first Status Conference before Judge Grossman will be held on September 14, 2009 (Courtroom 860, 1:30 p.m.).

This post is one of a series of posts available on the Long Island Bankruptcy Blog detailing every Chapter 11 bankruptcy case filed in the Central Islip Bankruptcy Court since August 1, 2009.  I will typically post a summary of each Chapter 11 case several days or weeks after it is filed as not all info is available immediately upon filing.  To see a list of Chapter 11 cases profiled on this blog, click Chapter 11 Filings on Long Island [1] or type the name of the debtor in the upper right search box.

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